Riyadh — Mubasher: Abdulaziz Bin Ahmed Altwijri Trading Company announced the renewal of a Sharia-compliant credit facility agreement with Al Rajhi Bank at a total value of SAR 25 million, according to a bourse filing.
The financing agreement was finalized on 16 August 2026 and is scheduled to remain in effect until 31 July 2027.
The company stated that the primary objective of the facility is to support working capital requirements and facilitate the issuance of letters of credit.
To secure the funding, the company provided a promissory note and the mortgage of three commercial title deeds.
Additionally, the agreement is backed by personal guarantees from Mohammed bin Abdulaziz Altwijri and Khalid bin Abdulaziz Altwijri.
The credit facility documents were initially dated 10 August 2026, with the signing process completed on 16 August. Altwijri company confirmed that there are no related parties involved in this transaction.
